Quantcast
Wednesday , August 16 2017
Breaking News
Home / International Customs / US / American Honeywell 2015 revenue forecast below market estimates
American Honeywell 2015 revenue forecast below market estimates

American Honeywell 2015 revenue forecast below market estimates

NEW YORK: American multinational conglomerate company Honeywell International Incorporation forecast 2015 revenue below market estimates as the diversified maker of aircraft parts and electronic equipment expects GDP growth in most regions across the world to grow only modestly.

The company said it expected a profit of $5.95-$6.15 per share and revenue of $40.5 billion-$41.1 billion.

Further the company also cut its fourth quarter revenue forecast to $10.1 billion-$10.2 billion from $10.3 billion-$10.4 billion.

Analysts on average expected a profit of $6.11 per share and revenue of $41.92 billion.